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ANNOUNCEMENT BY
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
H.2, 1984 No. 37
Actions of the Board; Applications and Reports
Received During the Week Ending September 15, 1984
APPLICABLE
RESERVE BANK

ACTIONS OF THE BOARD
Adoption of amendments to Regulations G, T, and U to
automatically permit brokers and dealers to lend on
over-the-counter securities designated for trading
in the National Market System (NMS) portion of NASDAQ
(National Association of Securities Dealers Automated
Quotations System) in conformance with Board's margin
requirements; effective November 13, 1984.

Boston

USTrust/Middlesex, Cambridge, Massachusetts, proposal to
merge with Natick Trust Company, Natick, Massachusetts;
report to the Federal Deposit Insurance Corporation on
competitive factors. \ j

Boston

Metro Bancorp, Inc., Melrose, Massachusetts, extension of
time to November 18, 1984 within which to become a bank
holding company through the acquisition of Metropolitan
Bank and Trust Company, Melrose, Massachusetts. \j

New York

Key Bank of Central New York, Syracuse, New York, proposal
to purchase three branch offices of Monroe Savings Bank
in Dansville, Hornel1svi11e, and Corning, New York;
report to the Federal Deposit Insurance Corporation on
competitive factors. V

New York

Washington Savings Bank, Hudson, New Jersey, proposal to
sell a branch office to Haven Savings and Loan Association
report to the Federal Deposit Insurance Corporation on
competitive factors. ]_/

Philadelphia

BSB Financial Corporation, Trenton, New Jersey, extension
of time to December 12, 1984, within which to become a
bank holding company through the acquisition of the
Broad Street National Bank of Trenton, Trenton, New
Jersey. 1/

T7

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1984 No. 37

- 2 ACTIONS OF THE BOARD - Continued

Ri chmond

Peoples Bank and Trust Company, Rocky Mount, North Carolina,
proposed merger with County Bank and Trust Company,
Morehead City, North Carolina; report to the Federal
Deposit Insurance Corporation on competitive factors, y

Richmond

Peoples Bank of Charles Town, Charles Town, West Virginia,
an investment in bank premises. ]_/

Richmond

l.S.B. Bancshares, Inc., Lexington, South Carolina, extension
of time to October 13, 1984, within which to become a
bank holding company through the acquisition of The
Lexington State Bank, Lexington, South Carolina. ]_/

Richmond

Farmers and Miners Bank of Lee County, Pennington Gap,
Virginia, extension of time within which to establish a
branch near the intersection of State Route 694 and
U.S. Highway 58, Lee County, Virginia. ]_/

Richmond

First Virginia Bank of the Southwest, Christiansburg,
Virginia, extension of time within which to establish
a branch at the Evansham Square Shopping Center,
Wytheville, Virginia. J/

Atlanta

Home Bank, Inc., Guntersvi1le, Alabama, an investment in
bank premises. 1/

Atlanta

Hancock Holding Company, Gulfport, Mississippi, extension of
time to November 14, 1984, within which to become a
bank holding company through acquisition of Hancock
Bank, Gulfport, Mississippi. J_/

Atlanta

Jamestown Union Bancshares, Inc., Jamestown, Tennessee,
extension of time to December 4, 1984, within which to
become a bank holding company through the acquisition
of Union Bank, Jamestown, Tennessee. V

Atlanta

First State Bank in Cordele, Cordele, Georgia, proposed
merger with First State Interim Bank, Cordele, Georgia;
report to the Federal Deposit Insurance Corporation on
competitive factors, y

Atlanta

Citizens and Southern National Bank, Savannah, Georgia, proposed
merger with First National Bank of Douglasville, Douglasville,
Goergia; report to the Comptroller of the Currency on
competitive factors, y

y

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1984 No. 37

- 3 ACTIONS OF THE BOARD - Continued

Atlanta

First American Bank & Trust, North Palm Beach, Florida,
proposed merger with Marine State Bank, Tallahassee,
Florida; report to the Federal Deposit Insurance Corporation
on competitive factors. ]_/

Chicago

First Colonial Bankshares Corporation, Chicago, Illinois,
extension of time to September 30, 1984, within which
to acquire Northwest American Bankshares Corporation,
Chicago, Illinois. J_/

Chicago

West Central Illinois Bancorp, Inc., Monmouth, Illinois,
extension of time to November 11, 1984, within which
to become a bank holding company through the acquisition
of The National Bank of Monmouth, Monmouth, Illinois. ]_/

Chicago

Firstar Corporation, Appleton, Wisconsin, extension of
time to December 14, 1984, within which to acquire State
Bank of Green Valley, Green Valley, Wisconsin. ]_/

Chicago

Two Rivers Bancorp, Inc., Prophetstown, Illinois, extension
of time to December 17, 1984, within which to become a
bank holding company through the acquisition of The First
National Bank of Manluis, Manluis, Illinois; Tampico
National Bank, Tampico, Illinois and the successor by
merger to The Farmers National Bank of Prophetstown,
Prophetstown, Illinois. V

Chicago

E. F. Wonderlic Company, Inc., Northfield, Illinois,
extension of time to November 5, 1984, within which to become
a bank holding company through the acquisition of Eagle
Financial Services, Inc., Northfield, Illinois; State
Bank of Richmond, Richmond, Illinois and to engage in
consumer loans and related operations. J_/

St. Louis

Citizens Bank, Batesville, Batesville, Arkansas, extension
of time to November 16, 1984, within which to establish
a branch at the intersection of Highway 25 and U.S.
Highway 167, Independence County, Arkansas. V

St. Louis

State Bank of Como, Como, Mississippi, proposed merger
with the Bank of Crenshaw, Crenshaw, Mississippi; report
to the Federal Deposit Insurance Corporation on competitive
factors. j_/

Kansas City

Sears Kansas City Employees Federal Credit Union, Kansas
City, Missouri, termination as a registered lender
under Regulation G. ]_/

TJ

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1984 No. 37

- 4 ACTIONS OF THE BOARD - Continued

Kansas City

Citizens Bank, Albuquerque, New Mexico, proposal to merge
with Western Bank, Albuquerque, New Mexico, under the
charter and title of Western Bank, Albuquerque, New
Mexico; report to the Federal Deposit Insurance
Corporation on competitive factors. ]_/

Kansas City

Mission State Bank, Lakewood, Colorado, a proposed new
bank, extension of time to December 11, 1984, within
which to accomplish membership in the Federal Reserve
System. ]_/

Dallas

Texas Commerce Bancshares, Inc., Houston, Texas, extension
of time to December 5, 1984, within which to acquire
Texas Commerce Bank-Richardson, Richardson, Texas. J_/

Dallas

Texas Commerce Bancshares, Inc., Houston, Texas, extension
of time to December 5, 1984, within which to acquire
Texas Commerce Bank-Brookhollow, NA, Dallas, Texas. ]_/

Dallas

Unicorp Bancshares, Inc., Houston, Texas, extension of time
to October 6, 1984, within which to acquire Unicorp
Bancshares-Houston, Inc., Houston, Texas. ]_/

Dal las

Tascosa Financial Corporation, Amarillo, Texas, extension
of time to October 8, 1984, within which to acquire
Tascosa National Bank South, Amarillo, Texas, ]_/

Dallas

Mercantile Texas Corporation, Dallas, Texas, extension of
time to December 3, 1984, within which to acquire Southwest
Bancshares, Inc., Houston, Texas. ]_/

Dallas

Atlanta Bancorp, Inc., Atlanta, Texas, extension of time
to December 13, 1984, within which to acquire The
Atlanta National Bank, Atlanta, Texas. 1_/

San
Francisco

Alaska Continental Bancorp, Anchorage, Alaska, extension
of time to December 18, 1984, within which to acquire
Alaska Continental Bank, Anchorage, Alaska. }J

San
Francisco

First National Bank of Tempe, Tempe, Arizona, proposed
acquisition of assets and assumption of liabilities of
the Yuma, Parker, and Sun City West branches of Century
Bank, Phoenix, Arizona, under the charter and title of
the former; report to the Comptroller of the currency
on competitive factors. \ J

TJ

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1984 No. 37

- 5 ACTIONS OF THE BOARD - Continued

San
Franci sco

TJ

BankAmerica International Financial Corporation, San
Francisco, California, extension of time to September 6,
1985, within which to acquire additional shares of
BA Finance and Securities (Thailand) Ltd., Bangkok,
Thailand. 1/

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1984 No. 37

- 6 ACTIONS OF THE BOARD - Continued
To Establish a Domestic Branch Pursuant
to Section 9 of the Federal Reserve Act

Philadelphia

Approved
Central Bank, Hollidaysburg, Pennsylvania. To establish
a branch office to be located in Barnsboro, Pennsylvania. J_/

Cleveland

The Cortland Savings and Banking Company, Cortland, Ohio.
To establish a branch at 2610 Elm Road, N.E., Warren,
Trumbull County, Ohio. _]_/

Cleveland

Society Bank of the Firelands, Vermillion, Ohio. To
establish a branch at 4112 Milan Road, Sandusky, Erie
County, Ohio. 1_/

Richmond

The Peoples Bank of Mullens, Mullens, West Virginia, to
establish a branch office on State Route 97, Pineville,
West Vi rginia. ]_/
★★★* ★
To Merge Pursuant to Section 18(c) of the
______ Federal Deposit Insurance Act______

Cleveland

Approved
The CVB Bank, Rittman, Ohio, to acquire the Chippewa
Valley Bank, Rittman, Ohio. ]_/
* * * * *
Issued Intent Not to Disapprove Change of Control
Pursuant to Change in Bank Control Act of 1978

Kansas City

Not Disapproved
High Country Investment Corporation, Idaho Springs,
Colorado. 1/
* * * * *

To Become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve System
Cleveland

T7

Approved
The CVB Bank, Rittman, Ohio. 1/

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1984 No. 37

7
ACTIONS OF THE BOARD - Continued

Applications and Notifications for International Investments
and Other Actions Pursuant to Sections 25 and 25(a) of the
Federal Reserve Act and Sections 4(c)(9), 4(c)(13) and
4(c)(14) of the Bank Holding Company Act of 1956, as amended
New York

Philadelphia

Approved
Chemical International Finance, Ltd., New York, New York:
requests specific consent to reorganize Chemical Bank's
holdings in the United Kingdom through the establishment
of a wholly-owned holding company subsidiary in the
United Kingdom, Chemical Holdings Limited.
Forty-Five Day Notification Allowed to Expire
Mellon Bank, N.A., Greensburg, Pennsylvania: to make an
additional investment in Mellon Bank Canada, Toronto,
Ontario, Canada.
* * * * *

To Form a Bank Holding Company Pursuant to Section
3(a)(1) of the Bank Holding Company Act of 1956
Dallas

Kansas City

Boston

Cleveland

V

Withdrawn
Pan American Bancorp, Inc., Dallas, Texas, for approval
to acquire 100 percent of the voting shares of Pan
American National Bank of Dallas, Dallas, Texas.
Returned
Jefferson National Corporation, Lakewood, Colorado, for
approval to acquire 100 percent of the voting shares
of Bank of Lakewood, N.A., Lakewood, Colorado.
Approved
Factory Point Bancorp, Inc., Manchester Center, Vermont,
for approval to acquire 100 percent of the voting shares
of The Factory Point National Bank of Manchester Center,
Manchester Center, Vermont. ]_/
First-Knox Banc Corp., Mount Vernon, Ohio, for approval
to acquire 100 percent of the voting shares of The
First-Knox National Bank of Mount Vernon, Mount Vernon,
Ohio. 1/

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1984 No. 37

- 8 ACTIONS OF THE BOARD - Continued

Richmond

Baltimore Bancorp, Baltimore, Maryland, for approval to
acquire 100 percent of the voting shares of The Bank
of Baltimore, Baltimore, Maryland, and the successor
by merger to The Savings Bank of Baltimore, Baltimore,
Maryland. ]_/

Atlanta

Southern National Banks, Inc., Fort Walton Beach, Florida,
for approval to acquire 87.74 percent of the voting
shares First National Bank of Okaloosa County, Fort
Walton Beach, Florida. J_/

Chicago

First Shelby Financial Group, Inc., Shelbyville, Illinois,
for approval to acquire 100 percent of the voting shares
of First Trust Bank of Shelbyville, Shelbyville, Illinois. ]_/

Kansas City

Snow Bankcorp, Inc., Dillon, Colorado, for approval to
acquire 84 percent of the voting common shares of Snow
Bank, N.A., Dillon, Colorado. ]_/

Dallas

Grapeland Bancshares, Inc., Grapeland, Texas, for approval
to acquire at least 80 percent of the voting shares of
First State Bank, Grapeland, Texas. 1_/

Dallas

Webster Bancshares, Inc., Minden, Louisiana, for approval
to acquire at least 80 percent of the voting shares of
Webster Bank & Trust Company, Minden, Louisiana. J_/

San
Francisco

Valley Bancorporation, Sumner, Washington, for approval
to acquire at least 90 percent of the voting shares of
Bank of Sumner, Sumner, Washington. J/
* * * * *

To Expand a Bank Holding Company Pursuant to Section
(a)(3) of the Bank Holding Company Act of 1956
Kansas City

TJ

Returned
First Hugo Capital Corp., Hugo, Colorado, for approval
to acquire 100 percent of the voting shares of First
National Bank of Limon, Limon, Colorado.

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1984 No. 37

- 9 ACTIONS OF THE BOARD - Continued

Cleveland

Approved
Fifth Third Bancorp, Cincinnati, Ohio, for approval to
acquire 100 percent of the voting shares of The National
Bank of Findlay, Findlay, Ohio. J/

Chicago

Magna Group, Inc., Belleville, Illinois, for approval to
acquire 100 percent of the voting shares of the
successors by merger of Central Illinois Banc Shares,
Inc., Springfield, Illinois, and indirectly, Capitol
Bank & Trust Company, Springfield, Illinois, and
Millikin Bancshares, Inc., Decatur, Illinois, and
indirectly, Millikin National Bank of Decatur, Decatur,
Illinois.

Chicago

Valley Bancorporation, Appleton, Wisconsin, for approval
to acquire 100 percent of the voting shares of The First
National Bank of Rhinelander, Rhinelander, Wisconsin. 2/

Chicago

Valley Bancorporation, Appleton, Wisconsin, for approval to
acquire 100 percent of the voting shares of Bank of
Oregon, Oregon, Wisconsin. \ j

Chicago

Whitley Financial Corp., Marion, Indiana, for approval to
acquire 15.79 percent of the voting shares of Bank of
Henry County, New Castle, Indiana, a proposed new bank. V

Minneapolis

C.S.B. Financial Inc., Chetek, Wisconsin, for approval to
acquire 80.18 percent of the voting shares of the voting
shares of Bank of Barron, Barron, Wisconsin. ]_/

Kansas City

Central Mortgage Bancshares, Inc., Warrensburg, Missouri,
for approval to acquire 100 percent of the voting shares of
Citizens State Bank of Nevada, Nevada, Missouri. 1_/

Kansas City

First Company, Powell, Wyoming, for approval to acquire
100 percent of the voting common shares of Lovell National
Bank, Lovell, Wyoming, a proposed new bank. V

Kansas City

United Bancorporation of Wyoming, Inc., Jackson, Wyoming, for
approval to acquire at least 95 percent of the voting
common shares of Shoshone - First National Bank, Cody,
Wyoming. J_/

Dallas

Texas Capital Bancshares, Inc., Houston, Texas, for approval
to acquire 100 percent of the voting shares of Westwood
National Bank, Houston, Texas, a proposed new bank. ] J

77

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1984 No. 37

- 10 ACTIONS OF THE BOARD - Continued

To Expand a Bank Holding Company Pursuant to Section
3(a)(5) of the Bank Holding Company Act of 1956
Philadelphia

NCB Financial Corporation, Williamsport, Pennsylvania,
for approval to merge with Mid-State Bancorp, Inc.,
Altoona, Pennsylvania and indirectly acquire Mid-State
Bank and Trust Company, Altoona, Pennsylvania. !_/

Chicago

Midwest Financial Group, Inc., Peoria, Illinois, for
approval to acquire DeKalb Bancorp, Inc., De Kalb,
Illinois, and thereby acquire The DeKalb Bank, DeKalb,
Illinois. V

Minneapolis

International Bancorporation, St. Paul, Minnesota, for
approval to acquire 100 percent of the voting shares
of Northern National Bancshares, Inc., Bemidji,
Minnesota and indirectly acquire The Northern National
Bank of Bemidji, Bemidji, Minnesota. ]_/
* * * * *

To Expand a Bank Holding Company Pursuant to Section
4(c)(8) of the Bank Holding Company Act of 1956
New York

Approved
J.P. Morgan & Co., Incorporated, New York, New York, for
approval to engage through its wholly owned subsidiary,
Morgan Futures Corporation, advisory services with respect
to certain financial futures and options on those futures 1

Philadelphia

NCB Financial Corporation, Williamsport, Pennsylvania, for
approval to acquire Northern Central Life Insurance
Company, Phoenix, Arizona. ]_/

Chicago

DeKalb Bancorp, Inc., De Kalb, Illinois, for approval to
acquire The DeKalb Life Insurance Company, DeKalb,
II linois. J_/

Kansas City

Cache Bancshares, Inc., Cache, Oklahoma, for approval to
engage de novo in credit-related insurance acitvities
through Cache Insurance Agency, Inc., Cache, Oklahoma,
and to acquire the assets and liabilities of Moore
Insurance Agency of Cache, Oklahoma, Inc., Cache,
Oklahoma, a general insurance agency. 2/

2/

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1984 No. 37

- 11 ACTIONS OF THE BOARD - Continued

Boston

Permitted
Chittenden Corporation, Burlington, Vermont, notification
of intent to expand the geographic service area nation­
wide and to expand the activities to include
(the making of direct loans to customers to acquire
or to finance the construction of one-to-four family
dwellings secured by valid first liens on related
real property) through its subsidiary Chittenden
Realty Credit Corporation (9/12/84) 3/

New York

Chemical New York Corporation, New York, New York, requests
permission to engage in the following activities (soliciting,
executing and clearing, for nonaffi1iated persons on
major exchanges, through a designated firm, futures
contracts and options on futures contracts with respect to
U.S. government securities, certificates of deposit and
other money market instruments that a bank may buy and
sell in the cash market, foreign exchange, and bullion)
through its subsidiary, Chemical Futures, Inc., New
York, New York (9/11/84) 3/

New York

North Fork Bancorporation, Inc., Mattituck, New York,
notification of intent to engage in de novo activities
(leasing personal or real property and acting as
agent, broker or advisor in leasing such property)
through its subsidiary, North Fork Leasing Corp.
(9/11/84) 3/

37

4(c)(8) notification processed by Reserve Bank on behalf of the
Board of Governors under delegated authority.




H.2, 1984 No. 37

- 12 APPLICATIONS RECEIVED
To Establish a Domestic Branch Pursuant
to Section 9 of the Federal Reserve Act

Chicago

Central State Bank, Muscatine, Iowa. To establish
offsite electronic facilities at the following locations:
1420 Park Avenue, Muscatine, Iowa; 4th and Cedar Streets,
Muscatine, Iowa; 807 Grandview, Muscatine, Iowa. 2/

Richmond

Bank of Virginia, Richmond, Virginia. To establish a
branch at 201 South Leadbetter Road, Ashland, Virginia. 2/

New York

Chemung Canal Trust Company, Elmira, New York. To estab­
lish a branch office on the northwest corner of West
Market Street and Bridge Street in the City of Corning,
County of Steuben, New York. 2/
* * * * *
To Become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act

New York

F N S Bank of New York, New York, New York. 2/
* * * * *

Applications and Notifications for International Investments
and Other Actions Pursuant to Sections 25 and 25(a) of the
Federal Reserve Act and Sections 4(c)(9), 4(c)(13) and
4(c)(14) of the Bank Holding Company Act of 1956, as amended
New York

Citicorp, New York, New York, prior notification
of its intent to make an additional investment in
Citibelsa - Assurantiemaatschappij FinanciaCompagnie d'Assurances Financia AMF, N.V., S.A.,
Brussels, Belgium.

New York

The Summit Bancorporation, Summit, New Jersey: requests
consent to retain indirectly an interest in International
Trading Corporation, an export trading company, a nonbank
subsidiary of Ultra Bancorporation, Bridgewater, New
Jersey.

Minneapolis

Chalfen Bankshares, Inc., Minneapolis, Minnesota, requests
consent to acquire 20 percent interest in International
Ice Group, London, England.

2/

Application subject to Community Reinvestment Act. The Community
Affairs Officer of the applicable Reserve Bank may be contacted
as to the length of the comment period.




H.2, 1984 No. 37

- 13 APPLICATIONS RECEIVED - Continued

To Form a Bank Holding Company Pursuant to Section
3(a)(1) of the Bank Holding Company Act of 1956
Boston

Village Financial Corporation, Gilford, New Hampshire,
for approval to acquire 100 percent of the voting shares
of Village Bank & Trust Company, Gilford, New Hampshire. 2/

Philadelphia

Garden State Bancshares, Inc., Jackson, New Jersey, for
approval to acquire 100 percent of the voting shares
of Garden State Bank, Jackson, New Jersey. 2/

Cleveland

Comp One Corporation, Pi qua, Ohio, for approval to acquire
100 percent of the voting shares of The Pi qua National
Bank and Trust Company, Pi qua, Ohio. 2/

Atlanta

B. B. Financial Corporation, Boca Raton, Florida, for
approval to acquire at least 90 percent of the voting
shares of Boca Bank, Boca Raton, Florida.

At 1anta

Tarpon Corporation, Tarpon Springs, Florida, for approval
to acquire 100 percent of the voting shares of First
National Bank, Tarpon Springs, Florida, a de novo bank.

Chicago

Arlington Bank Corporation, Arlington, Indiana, for approval
to acquire 100 percent of the voting shares of Arlington
State Bank, Arlington, Indiana. 2/

Chicago

Clintonville Bancshares, Inc., Clintonville, Wisconsin,
for approval to acquire at least 83 percent of the
voting shares of Dairyman's State Bank, Clintonville,
Wisconsin. 2/

Chicago

F. and M. Bancorp of Tomah, Inc., Tomah, Wisconsin, for
approval to acquire at least 80 percent of the voting
shares of Farmers & Merchants Bank, Tomah, Wisconsin. 2/

Chicago

Hartwick Bancshares, Inc., Hartwick, Iowa, for approval to
acquire at least 70.6 percent of the voting shares of
Hartwick State Bank, Hartwick, Iowa. 2/

Chicago

Meadowview Bancorp, Inc., Chicago, Illinois, for approval
to acquire at least 80 percent of the voting shares of
First Bank of Meadowview, Kankakee, Illinois. 2/

2/ Application subject to Community Reinvestment Act. The Community
Affairs Officer of the applicable Reserve Bank may be contacted
as to the length of the comment period.




H.2, 1984 No. 37

- 14 APPLICATIONS RECEIVED - Continued

Chicago

M.S.B. Bancorporation, Inc., Marion, Wisconsin, for
approval to acquire at least 90 percent of the voting
shares of Marion State Bank, Marion, Wisconsin. 2/

Chicago

Plano Bancshares, Inc., Plano, Illinois, for approval to
acquire 100 percent of the voting shares of Community
Bank of Plano, Plano, Illinois. 2J

Chicago

Rigler Investment Co., New Hampton, Iowa, for approval
to acquire at least 80 percent of the voting shares of
Security State Bank, New Hampton, Iowa. 2/

Chicago

Whittemore Bancshares, Inc., Whittemore, Iowa, for
approval to acquire at least 80 percent of the voting
shares of Farmers State Bank, Whittemore, Iowa. 2/

St. Louis

Jack's Fork Bancorporation, Inc., Columbia, Missouri, for
approval to acquire at least 80 percent of the voting
shares of Bank of Mountain View, Mountain View, Missouri
and acquire Summerville Bancshares, Inc., Summerville,
Missouri and indirectly Summerville State Bank, Summer­
ville, Mi ssouri. 2/

St. Louis

Junction City Bancshares, Inc., Junction City, Arkansas,
for approval to acquire at least 89 percent of the voting
shares of Union State Bank, Junction City, Arkansas. 2/

Kansas City

Chariton County Bancshares, Inc., Brunswick, Missouri,
for approval to acquire at least 80 percent of the voting
shares of Chariton County Bank, Brunswick, Missouri. 2/

Kansas City

First Union Bancorp, Denver, Colorado, for approval to
acquire 100 percent of the voting shares of First Union
National Bank of Colorado, Denver, Colorado. 2/

Kansas City

Landmark Bancshares, Inc., Denver, Colorado, for approval
to acquire at least 80 percent of the voting shares of
Landmark National Bank, Denver, Colorado. 2/

Kansas city

Mid Continent Bancshares, Inc., Blue Springs, Missouri, for
approval to acquire at least 80 percent of the voting
shares of Bank of Jacomo, Blue Springs, Missouri, and
Ray County Bank, Richmond, Missouri. 2/

2/ Application subject to Community Reinvestment Act. The Community
Affairs Officer of the applicable Reserve Bank may be contacted
as to the length of the comment period.




H.2, 1984 No. 37

- 15 APPLICATIONS RECEIVED - Continued

Kansas City

Rogers County Bank Holding Company, Claremore, Oklahoma,
for approval to acquire at least 80 percent of the voting
shares of Rogers County Bank, Claremore, Oklahoma. 2J

Dallas

Brazos Valley Bancshares, Inc., Bryan, Texas, for approval
to acquire at least 80 percent of the voting shares of
Western National Bank, Bryan, Texas. 2/

Dallas

Coppell Financial Corporation, Inc., Dallas, Texas, for
approval to acquire at least 80 percent of the voting
shares of Coppell Bank, N.A., Coppell, Texas, a proposed
new bank. 2J

Dallas

Georgetown National Bank Holding Company, Georgetown, Texas,
for approval to acquire at least 80 percent of the voting
shares of Georgetown National Bank, Georgetown, Texas. 2/

Dallas

Union Central Corporation, Temple, Texas, for approval to
acquire at least 93 percent of the voting shares of The
First State Bank, Granger, Texas. 2/

San
Franci sco

Biltmore Bank Corp., Phoenix, Arizona, for approval to acquire
100 percent of the voting shares of Biltmore National
Bank, Phoenix, Arizona, a proposed new bank. 2/

San
Francisco

CoBank Financial Corporation, San Luis Obispo, California,
for approval to acquire 100 percent of the voting shares
of Commerce Bank of San Luis Obispo, N.A., San Luis
Obispo, California. 2/
* * * * *

To Expand a Bank Holding Company Pursuant to Section
3(a)(3) of the Bank Holding Company Act of 1956
Cleveland

Metropolitan Bancorp, Inc., Lima, Ohio, for approval to
acquire 100 percent of the voting shares of United
National Bank, Convoy, Ohio. 2/

Cleveland

Pikeville National Corporation, Pikeville, Kentucky,
for approval to acquire 100 percent of the voting shares
of First Guaranty Bank, Martin, Kentucky. 2/

TJ

Application subject to Community Reinvestment Act. The Community
Affairs Officer of the applicable Reserve Bank may be contacted
as to the length of the comment period.




H.2, 1984 No. 37

- 16 APPLICATIONS RECEIVED - Continued

Atlanta

First Citizens Corporation, Oneonta, Alabama, for approval
to acquire 100 percent of the voting shares of First
Citizens Bank of Etowah, Glencoe, Alabama.

Chicago

First American Corporation, Elk Grove Village, Illinois,
for approval to acquire 20.2 percent of the voting
shares of Meadowview Bancorp, Inc., Chicago, Illinois
and indirectly First Bank of Meadowview, Kankakee,
Illinois. l j

Minneapolis

Anchor Bancorp, Inc., Wayzata, Minnesota, for approval
to acquire at least 97 percent of the voting shares of
Exchange State Bank, St. Paul, Minnesota. 2/
* * * * *

To Expand a Bank Holding Company Pursuant to Section
3(a)(5) of the Bank Holding Company Act of 1956
Cleveland

Kentucky Bancorporation, Inc., Covington, Kentucky, for
approval to merge with Northern Kentucky Bancshares,
Inc., Covington, Kentucky and indirectly acquire Falmouth
Deposit Bank, Falmouth, Kentucky and to merge with Kentucky
National Corporation, Covington, Kentucky and indirectly
acquire Kentucky National Bank, Walton, Kentucky.

Atlanta

Florida National Banks of Florida, Inc., Jacksonville,
Florida, for approval to merge with Beacon Financial
Corporation, Inc., Jupiter, Florida, and indirectly
acquire Lighthouse National Bank, Jupiter, Florida.

St. Louis

Volunteer Bancshares, Inc., Jackson, Tennessee, for approval
to merge with First Selmer Bancshares, Inc., Selmer,
Tennessee, and indirectly acquire First National Bank
of Selmer, Selmer, Tennessee.

Kansas City

Bank Management, Inc., Tecumseh, Nebraska, for approval
to merge with Tecumseh Bankshares, Inc., Tecumseh,
Nebraska; Johnson County Bank, Tecumseh, Nebraska;
Sterling Bankshares, Inc., Tecumseh, Nebraska; Bank
of Sterling, Sterling, Nebraska; Burchard Bankshares,
Inc., Tecumseh, Nebraska; State Bank of Burchard,
Burchard, Nebraska.

2/

Application subject to Community Reinvestment Act. The Community
Affairs Officer of the applicable Reserve Bank may be contacted
as to the length of the comment period.




H.2, 1984 No. 37

- 17
APPLICATIONS RECEIVED - Continued

To Expand a Bank Holding Company Pursuant to Section
(c)(8) of the Bank Holding Company Act of 1956
Boston

Conifer/Essex Group, Inc., Worcester, Massachusetts,
prior notification of intent to continue to engage in
de novo activities (data processing and to expand the
service area for said activities from the Commonwealth
of Massachusetts) to include States of Connecticut,
Maine, New Hampshire, New York, Rhode Island, and
Vermont, through its subsidiary, Conifer Computer
Services, Inc. (9/6/84)

New York

Chase Manhattan Corporation, New York, New York, prior
notification of intent to engage in de novo activities
(in operating an industrial loan and thrift company as
authorized by Minnesota law including making and acquiring
for its own account and for the account of others,
secured and unsecured loans and other extensions of
credit, such as consumer and business lines of credit,
and installment loans; acting as insurance agent for
credit life and disability insurance directly related
to such lending activities; and the acceptance of deposits
and similar instruments [other than demand deposits]) these
activities will be conducted from an office at Normandale
Center Drive, Bloomington, Minnesota, through its sub­
sidiary, Chase Manhattan Financial Center, Inc. (9/11/84)

New York

First National State Bancorporation, Newark, New Jersey
for approval to engage through FNS Bank of New York,
New York, New York, in consumer and mortgage lending,
trust services and deposit-taking, including demand
deposits; serving the New York City area.

Philadelphia

Susquehanna Bancshares, Inc., Lititz, Pennsylvania,
notification of intent to engage in de novo activities
(underwriting as reinsurer, credit life and accident
and health insurance directly related to extensions
of credit by Farmers First Bank and Citizens National
Bank & Trust Company of Waynesboro, Pennsylvania,
located in Lititz and Waynesboro, Pennsylvania, respec­
tively) the geographic area to be served will be Southcentral, Pennsylvania, through its subsidiary, SusqueBancshares Life Insurance Company, Phoenix, Arizona
(9/10/84)

Richmond

First Charter Corporation, Concord, North Carolina,
formerly Concord National, Inc., for approval to acquire
Carolina Finance Company, Charlotte, North Carolina,
thereby engaging in making consumer loans and acting
as insurance agent.




H.2, 1984 No. 37

18 APPLICATIONS RECEIVED - Continued

Richmond

First Maryland Bancorp, Baltimore, Maryland and Allied
Irish Banks Limited, Dublin, Ireland, notification of
intent to engage in de novo activities (to expand
its approved activity of underwriting, as reinsurer,
credit life and credit disability insurance which is
directly related to extensions of credit in Maryland and
Delaware by the credit extending affiliates of First
Maryland Bancorp, to include the underwriting of such
coverages directly related to credit extensions in the
State of Virginia by such affiliates) the activity would
be conducted at the offices at the following location:
1421 East Thomas Road, Phoenix, Arizona, through its
subsidiary, First Maryland Life Insurance Company
(9/10/84)

Richmond

Northwestern Financial Corporation, Greensboro, North
Carolina, notification of intent to engage in de novo
activities (soliciting, closing, making, negotiating,
acquiring and/or selling consumer or commercial
mortgage loans [including conventional and alternative
mortgage transactions] for its own account and/or the
account of others and/or otherwise acting as mortgage
broker or mortgage banker and acting as agent for the
sale of credit life, health and accident and other creditrelated insurance) through its subsidiary, Northwestern
Equity Mortgage Corp., Wilkesboro, North Carolina
(9/7/84)

Atlanta

Florida National Banks of Florida, Inc., Jacksonville,
Florida, for approval to acquire Beacon Leasing Corporation,
Jupiter, Florida, thereby engaging in leasing activities
in the State of Florida and to acquire LNB Mortgage
Corporation, Jupiter, Florida, thereby engaging in the
origination, sales, servicing and brokerage of mortgage
loans in the State of Florida.

Dallas

Alamo Corporation of Texas, Alamo, Texas, for approval to
acquire Business Benefits Corporation, Houston, Texas,
which engages in providing consultation and record keeping
services for defined benefit and contribution retirement
plans.

Dallas

Alamo Corporation of Texas, Alamo, Texas, for approval
to acquire 100 percent of the voting shares of Alamo
Trust Corporation, Alamo, Texas.

Dallas

Texas Valley Bancshares, Inc., Weslaco, Texas, for approval to
acquire 100 percent of the voting shares of Texas
Valley Information Systems, Inc., Weslaco, Texas.




H.2, 1984 No. 37

- 19 APPLICATIONS RECEIVED - Continued

San
Franci sco




United Security Bancorporation, Chewelah, Washington,
notification of intent to engage de novo in the
activity (leasing real and personal property) through
its subsidiary, USB Leasing, Inc. (9/13/84)
* * * * *

REPORTS RECEIVED
None.
* * * * *

PETITIONS FOR RULEMAKING
None.